Afreximbank

Morocco rejects Fitch Rating report on banking sector

Morocco’s central bank has efficient and effective regulatory control of the banking sector contrary to what Fitch rating claimed in a recent report, said head of the bank Abdellatif Jouahri. The central bank governor, who was speaking to reporters, said Fitch was wrong in its conclusions that run contrary to what other international rating agencies […]

Landmark ruling finds Belgium guilty of crimes against humanity in colonial Congo

The Court of Appeals in Brussels has ruled that Belgium must pay reparations to five women who were forcibly taken from their mothers and put in orphanages in the Democratic Republic of Congo (DRC) when it was still a Belgian colony because they were victims of “systematic kidnapping” by state. The appellate judges thus overturned […]

Morocco-Israel: Carriers RAM, El Al sign MoU

Morocco’s flag carrier Royal Air Maroc (RAM) and Israeli carrier El Al have recently signed a Memorandum of Understanding (MoU) to govern their ties in order to offer “the best services to customers.” The agreement was signed by the two carriers’ CEOs Hamid Addou and Avigal Soreq, on the sidelines of the 77th Annual General […]